BMW Bike Insurance
Get BMW Bike Insurance Policy online

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When it comes to most recognised luxury carmakers, BMW is on the top of the list. In 1923, the German automaker started trying its engineering skills to produce various two-wheelers, including Street, Touring, Roadsters models. These bikes are equipped with best-in-class features, comfortable riding ergonomics, sleek and stylish appeal, sturdy build quality and optimal handling characteristics. 

If you are interested in buying any models, consider obtaining a BMW two-wheeler insurance policy to safeguard your finances from possible repair/replacement expenses.

Besides, the Motor Vehicles Act of 1988 clearly stated that every two-wheeler owner must secure a motorcycle insurance policy to remain legal on Indian roads.

What’s Covered in BMW Bike Insurance

What’s not Covered

It is equally important to know what’s not covered in your two-wheeler insurance policy, so that there are no surprises when you make a claim. Here are some such situations:

Own Damages for Third-Party Policy holder

In the case of a Third-Party or Liability Only Bike Policy, damages to own vehicle won’t be covered. 

Drunk Riding or without a Licence

Your bike insurance won’t cover for you in situations where you were riding drunk or without a valid two-wheeler licence.

Driving without a valid Driving Licence holder

If you hold a learner’s licence and were riding your two-wheeler without a valid licence-holder on the pillion seat- then your claim in those situations won’t be covered.

Consequential Damages

Any damage which is not a direct result of the accident (e.g. after an accident, if the damaged two-wheeler is being used incorrectly and the engine gets damaged, it will not be covered)

Contributory Negligences

Any contributory negligence(e.g. damage due to driving a two-wheeler in a flood, which is not recommended as per the manufacturer’s driving manual, will not be covered)

Add-ons not Bought

Some situations are covered in add-ons. If you haven’t bought those add-ons, the corresponding situations will not be covered.

Why Should You Buy Digit's BMW Bike Insurance?

BMW Bike Insurance Plans that Fit Your Needs

Third Party Comprehensive Own Damage

Damages/Losses to own two-wheeler due to an accident

×

Damages/Losses to own two-wheeler in case of fire

×

Damages/Losses to own two-wheeler in case of a natural calamity

×

Damages to Third-Party Vehicle

× ×

Damages to Third-Party Property

× ×

Personal Accident Cover

× ×

Injuries/Death of a Third-Party Person

× ×

Theft of your scooter or bike

×

Customize your IDV

×

Extra protection with customized add-ons

×
Get Quote Get Quote Get Quote

Know more about the difference between comprehensive and third party two wheeler insurance

Add-ons Available for BMW Two Wheeler Insurance

Following are the car insurance add-ons available for BMW bike insurance:  

  • Zero Depreciation Cover
  • Return to Invoice Cover
  • Engine & Gear-box Protection Cover
  • Consumable Cover
  • Breakdown Assistance
  • Tyre Protect
  • Daily Conveyance Benefit
  • EV Shield Add-on Cover

How to Buy/Renew Your BMW Two Wheeler Insurance with Digit?

Step 1

On the Digit App or website, enter bike’s registration number, select the policy status and click on ‘View Prices’.

Step 2

Select the plan, add-ons and click on ‘Continue.’

Step 3

Enter your personal, nominee and vehicle details and click on ‘Pay Now.’

Step 4

Complete the payment and mandatory KYC verification process.

Step 5

You’re done! You’ll receive the policy document via email, SMS and WhatsApp. Also, you can access it 24X7 on the Digit App.

How to file a Claim?

After you buy or renew our two wheeler insurance plan, you live tension free as we have a 3-step, completely digital claims process!

Step 1

Just call on 1800-258-5956. No forms to be filled.

Step 2

Get a link for Self-Inspection on your registered mobile number. Shoot your vehicle’s damages from your smartphone through a guided step by step process.

Step 3

Choose the mode of repair you wish to opt for i.e. Reimbursement or Cashless through our network of garages.

How fast are Digit Insurance Claims Settled? This is the first question that should come to your mind when switching your insurance company. Good you’re doing that! Read Digit’s Claims Report Card

A Brief History of BMW Motorcycle

BMW motorcycles are relatively expensive to its equivalent models as the brand identity is ingrained with exclusivity and state-of-the-art refinements. The models feature up-to-date innovations and top-quality components to confirm optimum safety, comfort and convenience. The first BMW Motorrad exhibited a flat-twin boxer engine which the company still equips in the bikes. Apart from these, other notable features include 

  • Cruise Control
  • Side View Assist (blind-spot warning indicator) 
  • Multi-mated heated grips
  • On-Board Computer
  • TFT Color Screen
  • Navigation & Communication Systems

One of the contributing factors is the small-scale production that helps them to focus more on their engineering in the realms of suspension, engine, frame fabrication and technology. This accounts for high maintenance and routine repairs and replacements. Besides, the German bike manufacturer specialises in developing adventure, dual-sport, heritage cafes and sport models.

Therefore, it is wise to possess valid two-wheeler insurance for BMW to steer clear of hefty maintenance fees. 

Why You Must Opt for BMW Bike Insurance Policies

Your insurance for BMW two-wheeler will help you stay away from possible repair/replacement costs within the policy terms. Besides, a valid insurance policy can be beneficial in several other ways. This includes-

  1. Own Damage Protection - In case your bike is damaged due to accident, flood, earthquake, theft, fire or any similar threat, your insurance company will compensate for the losses in the form of reimbursement against your insurance policy.
  2. Third-Party Coverage - The Motor Vehicles Act 1988 mandated a third-party policy for all automobiles in India. Under this coverage, you no longer have to bear the third-party damage expenses. That means, if your bike hits another property or vehicle, your insurer will pay for the damage. Even if you injure an individual, the insurance company will deal with the issue.
  3. No Legal Fines - Your two-wheeler insurance saves you from paying hefty penalties of ₹2,000 and ₹4,000. In simple words, if you fail to produce valid insurance documents, you attract lump sum fines. In fact, it is illegal and may result in driving license cancellation or jail for up to 3 months. 
  4. Personal Accident Cover - According to the IRDAI, insurance companies provide PA cover to all policyholders. As per the guideline, insurers have to pay a compensation of ₹15 lakhs to the policyholder’s family members in case the latter dies or undergoes permanent or partial disability in an accident. 
  5. No Claim Bonus - Insurance companies reward their customers with a No Claim Bonus on completing the claim-free year. So, if you do not raise any claim for an entire year, you will earn a bonus. This bonus acts as a discount on the policy premium.

Reputed insurance companies such as Digit offer 20% to 50% discounts on premiums based on the number of claim-free years. This makes Digit an ideal choice for BMW two-wheeler insurance.

Why Must You Choose Digit for Your BMW Two-Wheeler Insurance?

When scouring the internet looking for reliable two-wheeler insurance policy options, there are several factors you must determine besides BMW two-wheeler insurance price. Popular insurance companies like Digit provide additional convenience against motorcycle insurance policies to ensure complete financial security.

Here is the list of the benefits.

  1. Several Policy Options - Digit extends tailored policy plans based on the diverse requirements of the customers. You get to choose from the following policies.
  2.  Third-Party Policy - When your bike inflicts damage to another vehicle, person or property, Digit will indemnify the affected party against your policy. Even, the insurer will handle all the litigation issues that may arise in such cases.
  3. Own Damage Protection - Third-party policyholders can enhance their basic insurance plan with standalone Own Damage Protection. Under this coverage, you no longer have to pay for damages caused by accidents, natural calamities, fire, theft etc. 
  4.  Comprehensive Policy - This is the most extensive option Digit offers, covering both third-party and own damage protection. Additionally, you get a chance to include add-on covers to upgrade your insurance policy with this plan
  5.  Convenient Claim Filing Process - With Digit, you can sidestep the traditional claim filing process, including time-consuming verification. Instead, you can simply raise a claim in 3-simple steps.
    • Step 1: Dial 1800 258 5956 from your registered mobile number to receive the self-inspection link
    • Step 2: Submit the images of your impaired bike on the link as proof
    • Step 3: Select your preferred mode of repair – ‘Cashless’ or ‘Reimbursement’
  6.  Online Purchasing/Renewal Option - At Digit, you do not have to undergo a tedious process to buy or renew insurance policies. If you are a new member, visit the official website to opt for BMW two-wheeler insurance online. However, if you already are a member, sign in to your existing account for an online BMW two-wheeler insurance renewal.
  7. IDV Alteration - Digit facilitates its customers with the option to increase or decrease the Insured Declared Value at their convenience. In case one opts for higher IDV, he/she has to pay BMW two-wheeler insurance renewal price.
  8. Policy Elevation With Add-ons - If you own a comprehensive two-wheeler insurance plan, you can upraise your policy by including add-ons from the following options against additional charges.
    • Zero depreciation
    • Consumables
    • Return to invoice
    • Roadside assistance
    • Engine protection
  9. Nationwide Digit Network Bike Garages - Take a ride on your BMW motorcycle at any corner of India tension-free. Digit has tie-ups with over 2900 network garages across the country to ensure smooth service.
  10. 24x7 Customer Assistance - Digit’s customer support service is available around-the-clock to help you clear doubts related to two-wheeler insurance plans. 

You can also reduce your BMW two-wheeler insurance premiums if you opt for higher voluntary deductibles and avoid filing unnecessary claims. Nevertheless, compromising insurance policy coverage is not a wise choice to save money on premiums. You may end up spending more on repair/replacement in such circumstances.

How Can You Reduce Your BMW Two Wheeler Insurance Premium?

Yes, there are a few methods which you can employ to reduce the premium amount for your two-wheeler insurance policy. Be it BMW bike insurance renewal online or its purchase, you must check these tips discussed below to ensure that you are not paying more than what is necessary for your insurance policy:

  • Purchase the Insurance Directly from the Insurer - Avoid any agent or broker while buying your insurance policy. Most insurance providers offer the option to buy their policies online by following a simple procedure. This facilitates you to purchase the policy directly from the insurance company and avoid any intermediary and their subsequent charges.
  • Apply for the Add-Ons which are Absolutely Necessary - While finalising on the policy, check which add-on covers you really need. Every add-on cover adds to the premium amount, and you should be careful to avoid them unless you really need them.
  • Check for No-Claim Bonus Benefits - No Claim Bonus benefits are offered to policyholders if they do not raise any claims against their policy in a year. This benefit is extended as a discount on the premium for the policy in the subsequent year.
  • Opt for Voluntary Deductibles - You can opt for voluntary deductibles on your insurance policy that will require you to settle a part of your claims before your insurance coverage kicks in. If you opt for this deductible, you can consequently save on your premium payment for the policy.

FAQs about BMW Bike Insurance Policy Online in India

Can I elevate the third-party BMW two-wheeler insurance policy with add-ons?

No, you cannot include any add-ons to your third-party insurance policy. For that, you need to opt for comprehensive coverage.

What happens if I ride my motorcycle with expired insurance documents?

If you ride your two-wheeler even if the insurance [policy terms have expired, you may have to face a few legal consequences like penalties, driving license confiscation or even imprisonment for up to 3 months. Besides, you will have to pay if your bike is stolen or damaged.